If you are looking to grow your business, whether that is needing funds to acquire new equipment, creating a cash injection to support cashflow or you are looking to acquire a new premises and need a significant amount, commercial finance could be a cost effective solution.
Think carefully before securing other debts against your home. Your property may be repossessed if you do not keep up repayments on a mortgage secured on it.
For commercial mortgages, TLP works in partnership with expert affiliate partners to get the highest standard of advice for our clients.
There are various scenarios when a commercial mortgage can help, such as:
If you would like to know more about TLP’s team of financial experts and loan advisors, head right this way…
At TLP, we do all we can to make getting cost-effective commercial finance to help your business grow as hassle-free as possible.
It all starts with a quick chat with one of our financial experts and it should only take just a few minutes. You can tell us what you need and your ultimate business goals. Then we’ll match you with an commercial finance expert.
Your matched advisor will compare a range of options from a panel of lenders to find a suitable solution. You’ll then receive a personalised quote with options matched to your requirements with a full breakdown of options.
The advisor will support your loan application through to completion. They’ll regularly keep you up to date, deal with the boring paperwork and can assist with any questions.
Here’s what real borrowers thought when they chose TLP to help them get the finance they needed.
“Every so often you come across an individual that shines above all others and Nicola Hughff personable manner and professionalism is one that is rarely seen. A huge credit to The Loan Company. AAA*”
05 July 2023
“First-rate company. Russell and Sarah at The Loan Partnership are very professional and helpful. Highly organised and on top of their brief. They were able to find the right finance product for my requirements and helped me at every stage of the process.”
28 June 2023
If you are looking for a large loan to help grow your business and a traditional business loan won’t offer you what you need, a commercial mortgage could be the answer.
Secured against your property, a commercial mortgage can provide an affordable finance option with the repayments typically spread across five to 25 years.
No two businesses are the same, so no two commercial mortgages are either. Due to this, how long it will take for the release of funds will be different every time.
To give you a rough idea though, in general it can take four to eight weeks to get a commercial mortgage.
There are several types of commercial mortgage available, but the two most common ones that you will find are owner-occupier commercial mortgages, which is for a property that you will trade from, and the other is a commercial investment mortgage for purchasing property that you will then rent out.
How much you can borrow will depend on a number of factors, such as the property you are borrowing against, the lender you select and the deposit you can provide.
Depending on your circumstances, you may be able to borrow from £26,000 to £1,000,000 and by getting expert guidance from a commercial expert you can maximise your approval potential.
Typically commercial mortgage require a deposit of approx. 20% and loan-to-values of up to 80% can be achieved.